Business

Rich Communication Services (RCS) is poised to revolutionise messaging across Africa, with key markets such as Kenya, Tanzania, and Uganda expected to witness a dramatic surge in usage. According to a new whitepaper commissioned by global communications platform Infobip, RCS traffic in Africa and the Middle East is forecasted to grow by over 1300%, climbing from 545 million messages today to a staggering 8 billion by 2029.

Through the Agribusiness Development Center (ADC), dfcu Bank has so far trained more than 800 enterprises and linked over 3,000 smallholder farmers to financiers with $17.2 Million worth of credit linkages

In this interview, we learn about dfcu Bank’s latest promotion that allows customers to pay their utility bills at no cost. Dubbed ‘Rates Paka Chini’, this initiative aims to ease customer expenses and support the local economy by encouraging seamless payment processes. Annette Kiconco, the Chief Retail Banking Officer at dfcu Bank, talks about more about the promotion in this interview

The GROW initiative builds upon dfcu’s legacy of supporting women entrepreneurs, an effort that dates back to its flagship Women in Business (WiB) program, which has empowered thousands of Ugandan women.

The annual initiative is organized as part of dfcu Bank’s ongoing commitment to empowering organizations that drive community transformation, provided an important platform for dialogue and knowledge-sharing on how NGOs can diversify funding streams, strengthen local partnerships, and optimize financial management.

Owino, a bustling hub for commerce in Kampala, is home to thousands of traders, many of whom are women striving to grow their businesses. dfcu Bank has recognized the unique challenges faced by these women and through GROW, is offering a tailored financial solution aimed at supporting women traders who are eager to expand their businesses.

With a mission to provide healthcare access to more people worldwide, CarePay addresses the fundamental data access and data quality challenges faced by health insurers and their insured members.

In a significant step toward transforming Uganda’s business landscape, dfcu Bank has launched a new lending campaign aimed at empowering small and medium enterprises (SMEs) across the country.

Nicole Rodrigues will appear in Dream Deals, an upcoming in Amazon Prime’s series. She is an investor at Palm Jumeirah in Dubai.

The GROW Project is expected to have a transformative impact on Uganda’s economy by empowering women entrepreneurs to scale their businesses, create jobs, and contribute to the country’s broader economic growth.